Silva et al., 2015 - Google Patents
Intended use of proceeds, underwriter quality and the long‐run performance of SEOs in the UKSilva et al., 2015
View PDF- Document ID
- 16639569306596939488
- Author
- Silva A
- Bilinski P
- Publication year
- Publication venue
- Journal of Business Finance & Accounting
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Snippet
We document that prospectus disclosure of (i) the motives for a seasoned equity offering, and (ii) the choice of underwriter explain the long‐run performance of equity issuers in the UK. Firms citing investment needs show no abnormal performance after the offering and …
- 230000002159 abnormal effect 0 abstract description 130
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